Oxus Gold Plc Regulatory News (OXS)

27 January 2014

Oxus Gold plc

Issue of Equity

Oxus Gold plc ("Oxus" or the "Company"), is pleased to announce that it has raised £190,000 (net of fees and costs) following a subscription for new ordinary shares in the Company by Darwin Strategic Limited ("Darwin") (a majority owned subsidiary of Henderson Global Investors Volantis Capital). The subscription for new ordinary shares was made by Darwin on 27 January 2014 pursuant to the terms of the Equity Financing Facility Agreement (as announced on 13 March 2013) and at a gross price per share of 2.0p.

Following the subscription for new ordinary shares by Darwin as set out above, the Company has issued and allotted, conditional on admission to trading on AIM, 10,252,329 new ordinary shares of 1p each to Darwin.

The Company also announces that on 27 January 2014, 108,460 new ordinary shares of 1p each in the Company were issued and allotted to SP Angel Corporate Finance LLP ("SP Angel"), the Company's Nomad and Broker, in lieu of certain fees due to them for the period from 1 January 2014 to 31 March 2014. The new ordinary shares were issued to SP Angel at the mid-market closing price on 31 December 2013, being 2.305p.

The new ordinary shares will rank pari passu in all respects with the existing ordinary shares of 1p each in Oxus.

Application will be made to the London Stock Exchange for a total of 10,360,789 shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that trading in the New Oxus Shares will commence on or around 31 January 2014

Following Admission, the Company's enlarged issued share capital will comprise 487,089,932 ordinary shares with voting rights.

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